Latest in DoorDash keeps investing in expansion, as more consumers use platform in third quarter
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DoorDash keeps investing in expansion, as more consumers use platform in third quarter
DoorDash Inc. on Wednesday reported third-quarter results and a fourth-quarter demand outlook that topped expectations, as the company continues to invest in expansion and improving service.Business - MarketWatch - October 31 -
US GDP rose at a 2.8% rate in third quarter on strong consumer spending
Final reading before presidential election was shy of expectations, but shows biggest economy is in robust healthBusiness - Financial Times - October 30 -
US economy grew at robust pace in third quarter
U.S. GDP grew at a 2.8% annualized rate over three months ending in September.Top stories - ABC News - October 30 -
US economy grew at a sturdy 2.8 percent pace in third quarter
The final economic growth report before the election showed U.S. gross domestic product (GDP) rising at strong pace, according to data released Friday by the Commerce Department. U.S. GDP grew at ...Politics - The Hill - October 30 -
US investment group Ares on course to raise more than $80bn
Credit-focused fund enjoys fastest pace of fundraising as high yields draw investors to private marketsBusiness - Financial Times - November 1 -
The US consumer is fine (but no better)
Aggregates conceal a lotWorld - Financial Times - Yesterday -
AstraZeneca embarks on major US expansion
UK’s largest drugmaker to invest $3.5bn by end of 2026 as it targets doubling of revenuesBusiness - Financial Times - November 12 -
Intuitive Machines’ stock skyrockets as third-quarter revenue more than triples and NASA fuels record backlog
The Houston-based company made history earlier this year when its Odysseus lander became the first commercial lander to successfully land on the moon’s surface.Business - MarketWatch - November 14 -
Play Ventures raises $140M second fund to invest in games and consumer startups
Play Ventures, a global venture capital firm specializing in early-stage gaming, has raised $140 million for its third gaming fund.Tech - VentureBeat - 3 days ago -
UK economy stalls in third quarter
GDP shrinks in September, highlighting challenges for Labour’s growth promisesBusiness - Financial Times - 6 days ago -
FirstFT: US consumers continue to spend, spend, spend
Also in today’s newsletter, North Korea fires its longest-ever test missile, and the activists ready to challenge the election resultWorld - Financial Times - October 31 -
Overheard at Hockey Hall of Fame weekend: Buzz on Class of 2025, expansion and more
As the hockey world gathered to celebrate a new group of legends, the conversations included other hot topics.Sports - ESPN - November 12 -
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Tesla Surprises Wall Street With Strong Third-Quarter Results
The robust performance comes after a tumultuous start to the year in which Tesla’s profit fell for two straight quarters.Business - The Wall Street Journal - October 24 -
Hermes outperforms rivals as sales climb in the third quarter
Luxury goods group Hermes International outperformed rivals as it grew sales despite headwinds in China.Business - MarketWatch - October 24 -
Clariant Third-Quarter Profits Miss Expectations
The chemicals company reported weaker results for the three months through September and cautioned that it didn’t expect a significant economic recovery in 2024 due to persistent economic challenges.Business - The Wall Street Journal - October 29 -
Eurozone economy grows 0.4% in third quarter
Figure beats expectations of 0.2% expansionBusiness - Financial Times - October 30 -
GDP Report Shows US Economy Grew at 2.8% Rate
In a key economic report released just days before the presidential election, gross economic product rose at a 2.8 percent rate in the third quarter.Business - The New York Times - October 30 -
Amazon's advertising business grew 19% in the third quarter
Amazon's online advertising business jumped 19% year over year to $14.3 billion in the third quarter.Business - CNBC - October 31 -
Druckenmiller poured into regional banks in the third quarter
Stanley Druckenmiller made a big bet on regional banks in the third quarter, that’s likely paid off after a Republican sweep in the elections.Business - MarketWatch - 6 days ago -
Eurozone wages rise by 5.4% in third quarter
ECB forecasts growth in negotiated salary deals to slow after biggest increase since 1990sWorld - Financial Times - Yesterday -
Nvidia nearly doubles revenue on strong AI demand
Nvidia reported earnings after the bell. Here are the results.Business - CNBC - 18 hours ago -
U.S. economy grew 2.8% last quarter, powered by consumer spending
Consumer confidence soared in October, signaling that Americans may continue to open their wallets.Top stories - CBS News - October 30 -
Japan's economy grows for a second straight quarter on the back of consumer spending
Japan’s economy eked out an annual rate of 0.9% growth in the July-September quarter as consumer spending held upWorld - ABC News - 6 days ago -
These tips for investing in mutual funds and ETFs help keep you in the game
Strategies including small caps, gold, AI and nuclear energy come into play.Business - MarketWatch - October 24 -
These tips for investing in mutual funds and ETFs keep your portfolio plugged in
Portfolio changes, small-caps are a big deal, and investors pile into ETFs.Business - MarketWatch - 6 days ago -
Indonesia’s iPhone 16 ban will hurt consumers more than Apple
Government decision to block sale of latest iPhone is far from disastrous for tech groupWorld - Financial Times - October 28 -
Move over Black Friday: Consumer interest in 'Travel Tuesday' soars
Search interest for "Travel Tuesday" rose more than 500% over the last two years, according to a report published Thursday by McKinsey & Company.Business - CNBC - November 4 -
These 5 Data Points Can Help Retailers Keep Pace With Shifting Consumer Demands
A consulting firm’s survey finds shoppers expect online and in-store price consistency, increased product availability in shops, and fast and free delivery.Business - Inc. - October 25 -
Uber shares slide on slowing bookings growth
Forecast for customer spending on ride-hailing app fell slightly short of Wall Street’s estimatesBusiness - Financial Times - October 31 -
Returns Are a Headache. More Retailers Are Saying, Just ‘Keep It.’
In a survey, nearly 60 percent of retailers said they had policies that refund customers for items that aren’t financially viable to send back.Business - The New York Times - 6 days ago -
TechScape: Will Elon Musk fire a third of the US government?
Musk and Donald Trump propose a ‘Department of Government Efficiency’, crypto wins big in the election and a modern equivalent of Lysistrata takes hold on TikTok. • Don’t get TechScape delivered ...World - The Guardian - November 12 -
Microsoft CFO says OpenAI investment will cut into profit this quarter
Microsoft has invested over $13 billion in OpenAI, a bet that's weighing on the company's profitability.Business - CNBC - October 31 -
Deutsche Bank shares shed 3% as lender's swing back to profit fails to impress
The partial release of 440 million euros of litigation provisions in the third quarter helped boost profit, Deutsche Bank said.Business - CNBC - October 23
